Financial Survey: Aerohive Networks (HIVE) vs. Its Competitors

Aerohive Networks (NYSE: HIVE) is one of 66 public companies in the “Communications & Networking” industry, but how does it weigh in compared to its rivals? We will compare Aerohive Networks to related companies based on the strength of its dividends, valuation, risk, institutional ownership, analyst recommendations, profitability and earnings.

Insider and Institutional Ownership

44.6% of Aerohive Networks shares are owned by institutional investors. Comparatively, 62.9% of shares of all “Communications & Networking” companies are owned by institutional investors. 26.2% of Aerohive Networks shares are owned by insiders. Comparatively, 13.2% of shares of all “Communications & Networking” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Volatility and Risk

Aerohive Networks has a beta of 1.57, suggesting that its stock price is 57% more volatile than the S&P 500. Comparatively, Aerohive Networks’ rivals have a beta of 1.13, suggesting that their average stock price is 13% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Aerohive Networks and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Aerohive Networks 0 1 4 0 2.80
Aerohive Networks Competitors 370 2225 3849 157 2.57

Aerohive Networks presently has a consensus price target of $6.31, indicating a potential upside of 35.12%. As a group, “Communications & Networking” companies have a potential upside of 14.78%. Given Aerohive Networks’ stronger consensus rating and higher possible upside, research analysts clearly believe Aerohive Networks is more favorable than its rivals.

Valuation and Earnings

This table compares Aerohive Networks and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Aerohive Networks $169.82 million -$36.91 million -9.34
Aerohive Networks Competitors $3.30 billion $346.42 million -16.52

Aerohive Networks’ rivals have higher revenue and earnings than Aerohive Networks. Aerohive Networks is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Aerohive Networks and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Aerohive Networks -17.00% -103.45% -18.90%
Aerohive Networks Competitors -3.09% -7.19% -0.27%

Summary

Aerohive Networks rivals beat Aerohive Networks on 7 of the 12 factors compared.

Aerohive Networks Company Profile

Aerohive Networks, Inc. together with its subsidiaries, has designed and developed a cloud-managed mobile networking platform that enables enterprises to deploy and manage a mobile-centric network edge. Its portfolio of products and solutions is built around sets of technologies and solutions, which include Enterprise Cloud Networking, Wireless Fidelity (Wi-Fi) Connectivity and Application and Insights. It conducts its business in geographic regions, including Americas; Europe, the Middle East and Africa, and Asia Pacific. Its product portfolio includes hardware products, cloud-based network management and applications, and support services. Its hardware products include access points, branch routers and access switches. Its hardware products are developed by its hardware design team working in conjunction with original design manufacturer partners, and leverage the commercially available Wi-Fi radios, network processors, crypto accelerators and switching chips.

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